Kojamo plc Media release 26 August 2020 at 10:00 a.m.
Kojamo plc: Lumo Kodit to start construction of 101 apartments in Pasila, Helsinki
Lumo Kodit Oy has signed a contract with JM Suomi Oy to build 101 apartments next to the Mall of Tripla and the entrances to the train station in Pasila, Helsinki. At its highest, a 12-storey apartment building with underground parking facilities will be constructed at Tenderinlenkki 6 in Pasila. Tripla’s wide range of services and the train station serve city dwellers who appreciate easy and high-quality living.
The new apartments will include singles as well as two-room, three-room and four-room apartments. Construction is expected to be completed in the winter 2023.
“The new Lumo apartments support Kojamo’s strategic growth in the Helsinki Metropolitan Area. Kojamo’s strategy is to invest heavily in increasing the housing supply in Finland’s growth centres, where the demand for rental apartments is on the rise due to urbanisation and the increased popularity of rental housing. Kojamo currently has about 2,500 apartments under construction,” says Ville Raitio, Kojamo’s Chief Investment Officer.
Kojamo’s strategy is to invest heavily in increasing the housing supply in Finland’s growth centres, where the demand for rental apartments is on the rise due to urbanisation and the increased popularity of rental housing.
Further information:
Kojamo plc, Ville Raitio, Chief Investment Officer, tel. +020 508 3012
Kojamo is Finland’s largest private residential real estate company and a frontrunner in the housing business. Our mission is to create better urban housing. The Lumo brand provides environmental-friendly housing and services in Finland’s biggest growth centres. We actively develop the value of our investment properties by developing new properties and our existing property portfolio. We want to be the property market frontrunner and the number one choice for our customers. Kojamo’s shares are listed on the official list of Nasdaq Helsinki. For more information, please visit kojamo.fi/en/